1901 Old Hwy 66, Winslow, AZ 86047

$450,000

1901 Old Hwy 66
Winslow, AZ 86047
MLS# 199289
Status: Closed
6564 sqft

1 / 30

Property Description
Excellent infill re-development opportunity to reposition this old motel into a 22 unit multifamily property. Winslow 22 is a rare opportunity to invest in a prime infill re-development opportunity in the Winslow market, a small but economically diverse town in Navajo County of Northern Arizona. The former 21 room motel surrounds a 5 bed 3 bathroom residence, and also includes a laundry room and maintenance room. The property sits strategically at the western entrance to Winslow on 'Old Route 66' just over a mile away from historic downtown, providing ample exposure for marketing and ease of access for future tenants or guests. Contact Broker for an offering memorandum that includes more details including demographics, a prospective proforma and infrastructure requirements.

Details

Documents

Contract Information

Owner/Agent: No

List Price/SqFt: 68.55

Transaction Type: Sale

Status: Closed

Listing Agreement Date: 2025-01-01

Current Price: $450,000

Sold Price: $450,000

Property Sub-Type: Multi Family

Location, Tax & Legal

Region: 1 - Other Area

APN: 10312049

Zip + 4: 8604

Legal Description: SECTION 23,T19N,R15E:BEG E4 COR SEC 23;TH N89DG11'W 382.1'TPOB; T H N89DG11'W 157.08';TH N18DG5'E 180.15'TO PT ON SLY R

Zoned: Commercial 66

Taxes: 584

Tax Year: 2023

County: Coconino

Area: 20 - Winslow

Street #: 1901

Street Name: Old Hwy 66

City/Town Code: Winslow

State/Province: AZ

Zip Code: 86047

Geo Lat: 35.031817

Geo Lon: -110.717181

General Property Description

Lot Dimensions: 150.96x180.44x156.69x153.65

Year Built: 1951

Year Built Source: County

# of Units: 22

Key Words

Sale/Rent Description: For Sale

Net Op Inc: $100,000 - 149,999

Cap Rate: 13 - 13.9%

Vacancy %: 0%

Down Payment: $15,000 - 19,999

Imprv Sz (Gross SF): 6,000 - 47,999

Land Size: .5 - .9 AC

# Units: 9 - 64

Remarks & Misc

Directions: I-40 E from E Follow I-40 E to Hipkoe Dr in Winslow. Take exit 252 from I-40 E Take 2nd St to Old 66/Old W Hwy 66 2 min (0.6 mi) 1901 Old Hwy 66 Winslow, AZ 86047

Status Change Info

Sold Price/SqFt: 68.55

Financing: Cash

Sold Date: 2025-03-21

Sold Price: $450,000

To Show

Appt Only/CLO: 1

Drive By/Don't Enter: 1

Potential Terms

Cash: 1

Submit: 1

Interior Amenities

Cement Slab: 1

Laundry Area: 1

Docs on File

Other: Offering Memorandum

Flood Zone

None: 1

Lot Street Imprvmnts

Unpaved Parking: 1

Utilities

Cable Available: 1

City Water: 1

Electricity Available: 1

Natural Gas: 1

Phone Available: 1

Primary Meter: 1

Private Trash Co.: 1

Sewer: 1

Heating

Electric: 1

Heat Pump: 1

Cooling

Central Air: 1

Heat Pump: 1

Multi Units: 1

Construction

Frame - Wood: 1

Masonry: 1

Roof

Asphalt Shingle: 1

Rolled: 1

Currently Not Used

Approx SqFt: 6564

Property Features

To Show: Appt Only/CLO; Drive By/Don't Enter

Potential Terms: Cash; Submit

Interior Amenities: Cement Slab; Laundry Area

Lot Street Imprvmnts: Unpaved Parking

Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Primary Meter; Private Trash Co.; Sewer

Heating: Electric; Heat Pump

Cooling: Central Air; Heat Pump; Multi Units

Construction: Frame - Wood; Masonry

Roof: Asphalt Shingle; Rolled

Flood Zone: None

IDX

Listing Office: Salt REI LLC

Last Updated: March - 22 - 2025